9 months ago
54 Mary Callahan Erdoes, main enforcement serviceman of plus absorption astatine JPMorgan Chase & Co.
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JPMorgan Chase enforcement Mary Callahan Erdoes sought proposal for a $600 cardinal taxation contented from disgraced erstwhile financier Jeffrey Epstein successful 2005, ineligible filings alleged.
Erdoes, a seasoned JPMorgan enforcement who became caput of the bank's plus and wealthiness absorption part successful 2009, "personally sought" assistance from Epstein to resoluteness the monolithic taxation issue, according to tribunal documents the U.S. Virgin islands filed overnight.
The petition from Erdoes was connected behalf of idiosyncratic else, but that accusation was redacted successful the filing.
"It was simply a petition for an instauration and it was good earlier Epstein was arrested oregon officially accused of immoderate crimes," a JPMorgan spokeswoman said Tuesday successful a statement.
The caller allegations astir the bank's yearslong narration with Epstein came arsenic portion of the U.S. territory's suit accusing JPMorgan of facilitating the notorious ex-money manager's enactment trafficking operation. Epstein killed himself successful August 2019 portion successful jailhouse successful Manhattan connected kid enactment trafficking charges.
The USVI successful tribunal filings Monday nighttime asked the tribunal for partial summary judgement successful its favor. JPMorgan besides filed a question for partial summary judgement overnight.
The territory alleged that Epstein was a "personal resource" for Erdoes and her erstwhile brag astatine JPMorgan, Jes Staley, and that the 2 bankers decided to support Epstein arsenic a lawsuit for years aft helium was accused of paying to person underaged girls brought to his home. In a deposition this year, Erdoes acknowledged that JPMorgan was alert of the accusations against Epstein by 2006.
The slope took years to determine to chopped Epstein off, lone doing truthful successful 2013. JPMorgan agreed to wage $290 million to settee a suit from Epstein's victims, but the USVI suit has continued.
In 2008, aft the Bernie Madoff ponzi strategy was uncovered, Erdoes allegedly asked Staley to scope retired to Epstein "to get the scoop from down there," according to USVI's latest tribunal filing.
On that, JPMorgan had this statement: "Jeffrey Epstein was successful Florida wherever galore of Madoff's victims lived. If she had made immoderate telephone astatine all, it would person been to scope retired [to] Jes to spot if Epstein had immoderate much details astir what was happening there."
